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Market Watcher: Analysts must not get ahead of themselves
Published 1 month ago
Description
David Shapiro of Otto1890 unpacks the nervousness in markets ahead of the upcoming US
interest rate announcement and earnings from Meta and Microsoft, rising oil prices continue
to pressure global markets, while locally the rand has weakened and equities slipped. He
warns that prolonged conflict could sustain high inflation and interest rates, and also shares
that UAE exit OPEC did not move the market but signals a shift towards greater economic
independence. SAfm Market Update - Podcasts and live stream
interest rate announcement and earnings from Meta and Microsoft, rising oil prices continue
to pressure global markets, while locally the rand has weakened and equities slipped. He
warns that prolonged conflict could sustain high inflation and interest rates, and also shares
that UAE exit OPEC did not move the market but signals a shift towards greater economic
independence. SAfm Market Update - Podcasts and live stream